It’s a figure that represents only the video over public Internet, not telco TV or closed systems IPTV. And it doesn’t include mobile/wireless video. I pesonally have my doubts about a mobile video market of $27 billion, since that figure exceeds the total DVD market in the US, and rivals what is spent yearly on cable TV in advertising. Remember, watching video on a mobile phone is NOT the same as a TV; consumers can’t sit and watch enough long form content on such a small screen to actually generate that much revenue.